UK - Merrill Lynch Investment Managers (MLIM) has appointed Clare Berthoud as director of its charities team. She joins from Schroder Investment Management and will take up her post this month.
Berthoud spent fifteen years at Schroders, most recently as deputy head of charities. She also worked as a fund manager and oversaw client relationships for both charities and pension funds at the firm.
In her new role, Berthoud will report to charities head Andrew Hunter Johnston and will be responsible for relationships with a number of MLIM’s charity clients.
By Janet Du Chenne
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.